Omani Ministry of Oil and Gas has set an output limit on producers in Oman. The 45,000b/d output cut will be shared by the Sultanate’s oil producers on a pro-rate basis.
Enel SpA is targeting renewables projects in Saudi Arabia and the United Arab Emirates (UAE) as oil-rich Gulf countries take advantage of the falling cost of solar power.
Russian Gazprom is preparing to file lawsuits with an arbitration court against private Turkish gas importers after failing to agree with them on the gas price for 2017.
London-based Ophir Energy said its Fortuna FLNG project in Equatorial Guinea is “firmly on schedule” for a final investment decision (FID) in the first half of 2017.
The US government has eased sanctions against Sudan. The current decision lifts restrictions on petroleum and petrochemical industries, including oilfield services and oil and gas pipeline transactions by Americans.
Nigeria's NNPC is collaborating with Schlumberger on the deployment of technology in the search for commercial hydrocarbon deposits in the Chad basin and other parts of the inland sedimentary basins.